Venezuela Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports

Venezuela Pharmaceuticals and Healthcare Report

Venezuela Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports
Venezuela Pharmaceuticals and Healthcare Report
Published Jun 25, 2016
102 pages — Published Jun 25, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The market is underdeveloped, suffering from persistent currency devaluation, political and economic isolation and low per-capita spending on medicines. International patent holders continue to face weak intellectual property protections. ...Local manufacturing sector output predominantly consists of cheap, basic medicines, forcing the market to rely on imports. A third of the medicines classified as essential by the government are subject to price controls, with a price freeze now extended to all medicines. Most prescription drugs are not reimbursable, with price becoming a major factor in patient choice. ...A third of the medicines classified as essential by the government are subject to price controls, with a price freeze now extended to all medicines. Most prescription drugs are not reimbursable, with price becoming a major factor in patient choice.

...Political and economic uncertainty in the wake of Chavez s death could result in further downward pressure on Venezuela s domestic drug market. Government resistance to pricing and intellectual property reform will prevent any meaningful increase in multinational investment. ...Government resistance to pricing and intellectual property reform will prevent any meaningful increase in multinational investment. The protection of confidential test data and registrations of copies are major concerns, combined with recent patent invalidation initiatives. Currency devaluation will continue to threaten the market s growth in US dollar terms. ...Currency devaluation will continue to threaten the market s growth in US dollar terms. Political and economic instability over the next few months and the threat of continued government interference could pose major threats to pharmaceutical market development.

...Venezuela has increased from --th to --th place in BMI s Risk/Reward Index matrix for Q--- in the Americas, which ranks pharmaceutical markets according to their attractiveness to multinational drugmakers. Venezuela s pharmaceutical market is expected to grow at double-digit rates through to ---- in local currency terms, though largely due to hyper inflation. ...

  
Source:
Document ID
1748-2291
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Venezuela Pharmaceuticals and Healthcare Report" Jun 25, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Venezuela-Pharmaceuticals-and-Healthcare-Report-2026-410>
  
APA:
Business Monitor International - Industry Reports. (2016). Venezuela Pharmaceuticals and Healthcare Report Jun 25, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Venezuela-Pharmaceuticals-and-Healthcare-Report-2026-410>
  
US$ 1,295.00
$  £  
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